[Congressional Bills 106th Congress]
[From the U.S. Government Publishing Office]
[S. 1892 Enrolled Bill (ENR)]

        S.1892

                       One Hundred Sixth Congress

                                 of the

                        United States of America


                          AT THE SECOND SESSION

           Begun and held at the City of Washington on Monday,
             the twenty-fourth day of January, two thousand


                                 An Act


 
 To authorize the acquisition of the Valles Caldera, to provide for an 
effective land and wildlife management program for this resource within 
         the Department of Agriculture, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

          TITLE I--VALLES CALDERA NATIONAL PRESERVE AND TRUST

SEC. 101. SHORT TITLE.

    This title may be cited as the ``Valles Caldera Preservation Act''.

SEC. 102. FINDINGS AND PURPOSES.

    (a) Findings.--Congress finds that--
        (1) the Baca ranch comprises most of the Valles Caldera in 
    central New Mexico, and constitutes a unique land mass, with 
    significant scientific, cultural, historic, recreational, 
    ecological, wildlife, fisheries, and productive values;
        (2) the Valles Caldera is a large resurgent lava dome with 
    potential geothermal activity;
        (3) the land comprising the Baca ranch was originally granted 
    to the heirs of Don Luis Maria Cabeza de Vaca in 1860;
        (4) historical evidence, in the form of old logging camps and 
    other artifacts, and the history of territorial New Mexico indicate 
    the importance of this land over many generations for domesticated 
    livestock production and timber supply;
        (5) the careful husbandry of the Baca ranch by the current 
    owners, including selective timbering, limited grazing and hunting, 
    and the use of prescribed fire, have preserved a mix of healthy 
    range and timber land with significant species diversity, thereby 
    serving as a model for sustainable land development and use;
        (6) the Baca ranch's natural beauty and abundant resources, and 
    its proximity to large municipal populations, could provide 
    numerous recreational opportunities for hiking, fishing, camping, 
    cross-country skiing, and hunting;
        (7) the Forest Service documented the scenic and natural values 
    of the Baca ranch in its 1993 study entitled ``Report on the Study 
    of the Baca Location No. 1, Santa Fe National Forest, New Mexico'', 
    as directed by Public Law 101-556;
        (8) the Baca ranch can be protected for current and future 
    generations by continued operation as a working ranch under a 
    unique management regime which would protect the land and resource 
    values of the property and surrounding ecosystem while allowing and 
    providing for the ranch to eventually become financially self-
    sustaining;
        (9) the current owners have indicated that they wish to sell 
    the Baca ranch, creating an opportunity for Federal acquisition and 
    public access and enjoyment of these lands;
        (10) certain features on the Baca ranch have historical and 
    religious significance to Native Americans which can be preserved 
    and protected through Federal acquisition of the property;
        (11) the unique nature of the Valles Caldera and the potential 
    uses of its resources with different resulting impacts warrants a 
    management regime uniquely capable of developing an operational 
    program for appropriate preservation and development of the land 
    and resources of the Baca ranch in the interest of the public;
        (12) an experimental management regime should be provided by 
    the establishment of a Trust capable of using new methods of public 
    land management that may prove to be cost-effective and 
    environmentally sensitive; and
        (13) the Secretary may promote more efficient management of the 
    Valles Caldera and the watershed of the Santa Clara Creek through 
    the assignment of purchase rights of such watershed to the Pueblo 
    of Santa Clara.
    (b) Purposes.--The purposes of this title are--
        (1) to authorize Federal acquisition of the Baca ranch;
        (2) to protect and preserve for future generations the 
    scientific, scenic, historic, and natural values of the Baca ranch, 
    including rivers and ecosystems and archaeological, geological, and 
    cultural resources;
        (3) to provide opportunities for public recreation;
        (4) to establish a demonstration area for an experimental 
    management regime adapted to this unique property which 
    incorporates elements of public and private administration in order 
    to promote long term financial sustainability consistent with the 
    other purposes enumerated in this subsection; and
        (5) to provide for sustained yield management of Baca ranch for 
    timber production and domesticated livestock grazing insofar as is 
    consistent with the other purposes stated herein.

SEC. 103. DEFINITIONS.

    In this title:
        (1) Baca ranch.--The term ``Baca ranch'' means the lands and 
    facilities described in section 104(a).
        (2) Board of trustees.--The terms ``Board of Trustees'' and 
    ``Board'' mean the Board of Trustees as described in section 107.
        (3) Committees of congress.--The term ``Committees of 
    Congress'' means the Committee on Energy and Natural Resources of 
    the Senate and the Committee on Resources of the House of 
    Representatives.
        (4) Financially self-sustaining.--The term ``financially self-
    sustaining'' means management and operating expenditures equal to 
    or less than proceeds derived from fees and other receipts for 
    resource use and development and interest on invested funds. 
    Management and operating expenditures shall include Trustee 
    expenses, salaries and benefits of staff, administrative and 
    operating expenses, improvements to and maintenance of lands and 
    facilities of the Preserve, and other similar expenses. Funds 
    appropriated to the Trust by Congress, either directly or through 
    the Secretary, for the purposes of this title shall not be 
    considered.
        (5) Multiple use and sustained yield.--The term ``multiple use 
    and sustained yield'' has the combined meaning of the terms 
    ``multiple use'' and ``sustained yield of the several products and 
    services'', as defined under the Multiple-Use Sustained-Yield Act 
    of 1960 (16 U.S.C. 531).
        (6) Preserve.--The term ``Preserve'' means the Valles Caldera 
    National Preserve established under section 105.
        (7) Secretary.--Except where otherwise provided, the term 
    ``Secretary'' means the Secretary of Agriculture.
        (8) Trust.--The term ``Trust'' means the Valles Caldera Trust 
    established under section 106.

SEC. 104. ACQUISITION OF LANDS.

    (a) Acquisition of Baca Ranch.--
        (1) In general.--In compliance with the Act of June 15, 1926 
    (16 U.S.C. 471a), the Secretary is authorized to acquire all or 
    part of the rights, title, and interests in and to approximately 
    94,761 acres of the Baca ranch, comprising the lands, facilities, 
    and structures referred to as the Baca Location No. 1, and 
    generally depicted on a plat entitled ``Independent Resurvey of the 
    Baca Location No. 1'', made by L.A. Osterhoudt, W.V. Hall, and 
    Charles W. Devendorf, U.S. Cadastral Engineers, June 30, 1920-
    August 24, 1921, under special instructions for Group No. 107 dated 
    February 12, 1920, in New Mexico.
        (2) Source of funds.--The acquisition under paragraph (1) may 
    be made by purchase through appropriated or donated funds, by 
    exchange, by contribution, or by donation of land. Funds 
    appropriated to the Secretary from the Land and Water Conservation 
    Fund shall be available for this purpose.
        (3) Basis of sale.--The acquisition under paragraph (1) shall 
    be based on an appraisal done in conformity with the Uniform 
    Appraisal Standards for Federal Land Acquisitions and--
            (A) in the case of purchase, such purchase shall be on a 
        willing seller basis for no more than the fair market value of 
        the land or interests therein acquired; and
            (B) in the case of exchange, such exchange shall be for 
        lands, or interests therein, of equal value, in conformity with 
        the existing exchange authorities of the Secretary.
        (4) Deed.--The conveyance of the offered lands to the United 
    States under this subsection shall be by general warranty or other 
    deed acceptable to the Secretary and in conformity with applicable 
    title standards of the Attorney General.
    (b) Addition of Land to Bandelier National Monument.--Upon 
acquisition of the Baca ranch under subsection (a), the Secretary of 
the Interior shall assume administrative jurisdiction over those lands 
within the boundaries of the Bandelier National Monument as modified 
under section 3 of Public Law 105-376 (112 Stat. 3389).
    (c) Plat and Maps.--
        (1) Plat and maps prevail.--In case of any conflict between a 
    plat or a map and acreages, the plat or map shall prevail.
        (2) Minor corrections.--The Secretary and the Secretary of the 
    Interior may make minor corrections in the boundaries of the Upper 
    Alamo watershed as depicted on the map referred to in section 3 of 
    Public Law 105-376 (112 Stat. 3389).
        (3) Boundary modification.--Upon the conveyance of any lands to 
    any entity other than the Secretary, the boundary of the Preserve 
    shall be modified to exclude such lands.
        (4) Final maps.--Within 180 days of the date of acquisition of 
    the Baca ranch under subsection (a), the Secretary and the 
    Secretary of the Interior shall submit to the Committees of 
    Congress a final map of the Preserve and a final map of Bandelier 
    National Monument, respectively.
        (5) Public availability.--The plat and maps referred to in the 
    subsection shall be kept and made available for public inspection 
    in the offices of the Chief, Forest Service, and Director, National 
    Park Service, in Washington, D.C., and Supervisor, Santa Fe 
    National Forest, and Superintendent, Bandelier National Monument, 
    in the State of New Mexico.
    (d) Watershed Management Report.--The Secretary, acting through the 
Forest Service, in cooperation with the Secretary of the Interior, 
acting through the National Park Service, shall--
        (1) prepare a report of management alternatives which may--
            (A) provide more coordinated land management within the 
        area known as the upper watersheds of Alamo, Capulin, Medio, 
        and Sanchez Canyons, including the areas known as the Dome 
        Diversity Unit and the Dome Wilderness;
            (B) allow for improved management of elk and other wildlife 
        populations ranging between the Santa Fe National Forest and 
        the Bandelier National Monument; and
            (C) include proposed boundary adjustments between the Santa 
        Fe National Forest and the Bandelier National Monument to 
        facilitate the objectives under subparagraphs (A) and (B); and
        (2) submit the report to the Committees of Congress within 120 
    days of the date of enactment of this title.
    (e) Outstanding Mineral Interests.--The acquisition of the Baca 
ranch by the Secretary shall be subject to all outstanding valid 
existing mineral interests. The Secretary is authorized and directed to 
negotiate with the owners of any fractional interest in the subsurface 
estate for the acquisition of such fractional interest on a willing 
seller basis for not to exceed its fair market value, as determined by 
appraisal done in conformity with the Uniform Appraisal Standards for 
Federal Land Acquisitions. Any such interests acquired within the 
boundaries of the Upper Alamo watershed, as referred to in subsection 
(b), shall be administered by the Secretary of the Interior as part of 
Bandelier National Monument.
    (f) Boundaries of the Baca Ranch.--For purposes of section 7 of the 
Land and Water Conservation Fund Act of 1965 (16 U.S.C. 460l-9), the 
boundaries of the Baca ranch shall be treated as if they were National 
Forest boundaries existing as of January 1, 1965.
    (g) Pueblo of Santa Clara.--
        (1) In general.--The Secretary may assign to the Pueblo of 
    Santa Clara rights to acquire for fair market value portions of the 
    Baca ranch. The portion that may be assigned shall be determined by 
    mutual agreement between the Pueblo and the Secretary based on 
    optimal management considerations for the Preserve including 
    manageable land line locations, public access, and retention of 
    scenic and natural values. All appraisals shall be done in 
    conformity with the Uniform Appraisal Standards for Federal Land 
    Acquisition.
        (2) Status of land acquired.--As of the date of acquisition, 
    the fee title lands, and any mineral estate underlying such lands, 
    acquired under this subsection by the Pueblo of Santa Clara are 
    deemed transferred into trust in the name of the United States for 
    the benefit of the Pueblo of Santa Clara and such lands and mineral 
    estate are declared to be part of the existing Santa Clara Indian 
    Reservation.
        (3) Mineral estate.--Any mineral estate acquired by the United 
    States pursuant to section 104(e) underlying fee title lands 
    acquired by the Pueblo of Santa Clara shall not be developed 
    without the consent of the Secretary of the Interior and the Pueblo 
    of Santa Clara.
        (4) Savings.--Any reservations, easements, and covenants 
    contained in an assignment agreement entered into under paragraph 
    (1) shall not be affected by the acquisition of the Baca ranch by 
    the United States, the assumption of management by the Valles 
    Caldera Trust, or the lands acquired by the Pueblo being taken into 
    trust.

SEC. 105. THE VALLES CALDERA NATIONAL PRESERVE.

    (a) Establishment.--Upon the date of acquisition of the Baca ranch 
under section 104(a), there is hereby established the Valles Caldera 
National Preserve as a unit of the National Forest System which shall 
include all Federal lands and interests in land acquired under sections 
104(a) and 104(e), except those lands and interests in land 
administered or held in trust by the Secretary of the Interior under 
sections 104(b) and 104(g), and shall be managed in accordance with the 
purposes and requirements of this title.
    (b) Purposes.--The purposes for which the Preserve is established 
are to protect and preserve the scientific, scenic, geologic, 
watershed, fish, wildlife, historic, cultural, and recreational values 
of the Preserve, and to provide for multiple use and sustained yield of 
renewable resources within the Preserve, consistent with this title.
    (c) Management Authority.--Except for the powers of the Secretary 
enumerated in this title, the Preserve shall be managed by the Valles 
Caldera Trust established by section 106.
    (d) Eligibility for Payment in Lieu of Taxes.--Lands acquired by 
the United States under section 104(a) shall constitute entitlement 
lands for purposes of the Payment in Lieu of Taxes Act (31 U.S.C. 6901-
6904).
    (e) Withdrawals.--
        (1) In general.--Upon acquisition of all interests in minerals 
    within the boundaries of the Baca ranch under section 104(e), 
    subject to valid existing rights, the lands comprising the Preserve 
    are thereby withdrawn from disposition under all laws pertaining to 
    mineral leasing, including geothermal leasing.
        (2) Materials for roads and facilities.--Nothing in this title 
    shall preclude the Secretary, prior to assumption of management of 
    the Preserve by the Trust, and the Trust thereafter, from allowing 
    the utilization of common varieties of mineral materials such as 
    sand, stone, and gravel as necessary for construction and 
    maintenance of roads and facilities within the Preserve.
    (f) Fish and Game.--Nothing in this title shall be construed as 
affecting the responsibilities of the State of New Mexico with respect 
to fish and wildlife, including the regulation of hunting, fishing, and 
trapping within the Preserve, except that the Trust may, in 
consultation with the Secretary and the State of New Mexico, designate 
zones where and establish periods when no hunting, fishing, or trapping 
shall be permitted for reasons of public safety, administration, the 
protection of nongame species and their habitats, or public use and 
enjoyment.
    (g) Redondo Peak.--
        (1) In general.--For the purposes of preserving the natural, 
    cultural, religious, and historic resources on Redondo Peak upon 
    acquisition of the Baca ranch under section 104(a), except as 
    provided in paragraph (2), within the area of Redondo Peak above 
    10,000 feet in elevation--
            (A) no roads, structures, or facilities shall be 
        constructed; and
            (B) no motorized access shall be allowed.
        (2) Exceptions.--Nothing in this subsection shall preclude--
            (A) the use and maintenance of roads and trails existing as 
        of the date of enactment of this Act;
            (B) the construction, use and maintenance of new trails, 
        and the relocation of existing roads, if located to avoid 
        Native American religious and cultural sites; and
            (C) motorized access necessary to administer the area by 
        the Trust (including measures required in emergencies involving 
        the health or safety of persons within the area).

SEC. 106. THE VALLES CALDERA TRUST.

    (a) Establishment.--There is hereby established a wholly owned 
government corporation known as the Valles Caldera Trust which is 
empowered to conduct business in the State of New Mexico and elsewhere 
in the United States in furtherance of its corporate purposes.
    (b) Corporate Purposes.--The purposes of the Trust are--
        (1) to provide management and administrative services for the 
    Preserve;
        (2) to establish and implement management policies which will 
    best achieve the purposes and requirements of this title;
        (3) to receive and collect funds from private and public 
    sources and to make dispositions in support of the management and 
    administration of the Preserve; and
        (4) to cooperate with Federal, State, and local governmental 
    units, and with Indian tribes and Pueblos, to further the purposes 
    for which the Preserve was established.
    (c) Necessary Powers.--The Trust shall have all necessary and 
proper powers for the exercise of the authorities vested in it.
    (d) Staff.--
        (1) In general.--The Trust is authorized to appoint and fix the 
    compensation and duties of an executive director and such other 
    officers and employees as it deems necessary without regard to the 
    provisions of title 5, United States Code, governing appointments 
    in the competitive service, and may pay them without regard to the 
    provisions of chapter 51, and subchapter III of chapter 53, title 
    5, United States Code, relating to classification and General 
    Schedule pay rates. No employee of the Trust shall be paid at a 
    rate in excess of that payable to the Supervisor of the Santa Fe 
    National Forest or the Superintendent of the Bandelier National 
    Monument, whichever is greater.
        (2) Federal employees.--
            (A) In general.--Except as provided in this title, 
        employees of the Trust shall be Federal employees as defined by 
        title 5, United States Code, and shall be subject to all rights 
        and obligations applicable thereto.
            (B) Use of federal employees.--At the request of the Trust, 
        the employees of any Federal agency may be provided for 
        implementation of this title. Such employees detailed to the 
        Trust for more than 30 days shall be provided on a reimbursable 
        basis.
    (e) Government Corporation.--
        (1) In general.--The Trust shall be a Government Corporation 
    subject to chapter 91 of title 31, United States Code (commonly 
    referred to as the Government Corporation Control Act). Financial 
    statements of the Trust shall be audited annually in accordance 
    with section 9105 of title 31 of the United States Code.
        (2) Reports.--Not later than January 15 of each year, the Trust 
    shall submit to the Secretary and the Committees of Congress a 
    comprehensive and detailed report of its operations, activities, 
    and accomplishments for the prior year including information on the 
    status of ecological, cultural, and financial resources being 
    managed by the Trust, and benefits provided by the Preserve to 
    local communities. The report shall also include a section that 
    describes the Trust's goals for the current year.
        (3) Annual budget.--
            (A) In general.--The Trust shall prepare an annual budget 
        with the goal of achieving a financially self-sustaining 
        operation within 15 full fiscal years after the date of 
        acquisition of the Baca ranch under section 104(a).
            (B) Budget request.--The Secretary shall provide necessary 
        assistance (including detailees as necessary) to the Trust for 
        the timely formulation and submission of the annual budget 
        request for appropriations, as authorized under section 111(a), 
        to support the administration, operation, and maintenance of 
        the Preserve.
    (f) Taxes.--The Trust and all properties administered by the Trust 
shall be exempt from all taxes and special assessments of every kind by 
the State of New Mexico, and its political subdivisions including the 
counties of Sandoval and Rio Arriba.
    (g) Donations.--The Trust may solicit and accept donations of 
funds, property, supplies, or services from individuals, foundations, 
corporations, and other private or public entities for the purposes of 
carrying out its duties. The Secretary, prior to assumption of 
management of the Preserve by the Trust, and the Trust thereafter, may 
accept donations from such entities notwithstanding that such donors 
may conduct business with the Department of Agriculture or any other 
department or agency of the United States.
    (h) Proceeds.--
        (1) In general.--Notwithstanding sections 1341 and 3302 of 
    title 31 of the United States Code, all monies received from 
    donations under subsection (g) or from the management of the 
    Preserve shall be retained and shall be available, without further 
    appropriation, for the administration, preservation, restoration, 
    operation and maintenance, improvement, repair, and related 
    expenses incurred with respect to properties under its management 
    jurisdiction.
        (2) Fund.--There is hereby established in the Treasury of the 
    United States a special interest bearing fund entitled ``Valles 
    Caldera Fund'' which shall be available, without further 
    appropriation for any purpose consistent with the purposes of this 
    title. At the option of the Trust, or the Secretary in accordance 
    with section 110, the Secretary of the Treasury shall invest excess 
    monies of the Trust in such account, which shall bear interest at 
    rates determined by the Secretary of the Treasury taking into 
    consideration the current average market yield on outstanding 
    marketable obligations of the United States of comparable maturity.
    (i) Restrictions on Disposition of Receipts.--Any funds received by 
the Trust, or the Secretary in accordance with section 109(b), from the 
management of the Preserve shall not be subject to partial distribution 
to the State under--
        (1) the Act of May 23, 1908, entitled ``an Act making 
    appropriations for the Department of Agriculture for the fiscal 
    year ending June thirtieth, nineteen hundred and nine'' (35 Stat. 
    260, chapter 192; 16 U.S.C. 500);
        (2) section 13 of the Act of March 1, 1911 (36 Stat. 963, 
    chapter 186; 16 U.S.C. 500); or
        (3) any other law.
    (j) Suits.--The Trust may sue and be sued in its own name to the 
same extent as the Federal Government. For purposes of such suits, the 
residence of the Trust shall be the State of New Mexico. The Trust 
shall be represented by the Attorney General in any litigation arising 
out of the activities of the Trust, except that the Trust may retain 
private attorneys to provide advice and counsel.
    (k) Bylaws.--The Trust shall adopt necessary bylaws to govern its 
activities.
    (l) Insurance and Bond.--The Trust shall require that all holders 
of leases from, or parties in contract with, the Trust that are 
authorized to occupy, use, or develop properties under the management 
jurisdiction of the Trust, procure proper insurance against any loss in 
connection with such properties, or activities authorized in such lease 
or contract, as is reasonable and customary.
    (m) Name and Insignia.--The Trust shall have the sole and exclusive 
right to use the words ``Valles Caldera Trust'', and any seal, emblem, 
or other insignia adopted by the Board of Trustees. Without express 
written authority of the Trust, no person may use the words ``Valles 
Caldera Trust'' as the name under which that person shall do or purport 
to do business, for the purpose of trade, or by way of advertisement, 
or in any manner that may falsely suggest any connection with the 
Trust.

SEC. 107. BOARD OF TRUSTEES.

    (a) In General.--The Trust shall be governed by a 9-member Board of 
Trustees consisting of the following:
        (1) Voting trustees.--The voting Trustees shall be--
            (A) the Supervisor of the Santa Fe National Forest, United 
        States Forest Service;
            (B) the Superintendent of the Bandelier National Monument, 
        National Park Service; and
            (C) seven individuals, appointed by the President, in 
        consultation with the congressional delegation from the State 
        of New Mexico. The seven individuals shall have specific 
        expertise or represent an organization or government entity as 
        follows--
                (i) one trustee shall have expertise in aspects of 
            domesticated livestock management, production, and 
            marketing, including range management and livestock 
            business management;
                (ii) one trustee shall have expertise in the management 
            of game and nongame wildlife and fish populations, 
            including hunting, fishing, and other recreational 
            activities;
                (iii) one trustee shall have expertise in the 
            sustainable management of forest lands for commodity and 
            noncommodity purposes;
                (iv) one trustee shall be active in a nonprofit 
            conservation organization concerned with the activities of 
            the Forest Service;
                (v) one trustee shall have expertise in financial 
            management, budget and program analysis, and small business 
            operations;
                (vi) one trustee shall have expertise in the cultural 
            and natural history of the region; and
                (vii) one trustee shall be active in State or local 
            government in New Mexico, with expertise in the customs of 
            the local area.
        (2) Qualifications.--Of the trustees appointed by the 
    President--
            (A) none shall be employees of the Federal Government; and
            (B) at least five shall be residents of the State of New 
        Mexico.
    (b) Initial Appointments.--The President shall make the initial 
appointments to the Board of Trustees within 90 days after acquisition 
of the Baca ranch under section 104(a).
    (c) Terms.--
        (1) In general.--Appointed trustees shall each serve a term of 
    4 years, except that of the trustees first appointed, four shall 
    serve for a term of 4 years, and three shall serve for a term of 2 
    years.
        (2) Vacancies.--Any vacancy among the appointed trustees shall 
    be filled in the same manner in which the original appointment was 
    made, and any trustee appointed to fill a vacancy shall serve for 
    the remainder of that term for which his or her predecessor was 
    appointed.
        (3) Limitations.--No appointed trustee may serve more than 8 
    years in consecutive terms.
    (d) Quorum.--A majority of trustees shall constitute a quorum of 
the Board for the conduct of business.
    (e) Organization and Compensation.--
        (1) In general.--The Board shall organize itself in such a 
    manner as it deems most appropriate to effectively carry out the 
    activities of the Trust.
        (2) Compensation of trustees.--Trustees shall serve without 
    pay, but may be reimbursed from the funds of the Trust for the 
    actual and necessary travel and subsistence expenses incurred by 
    them in the performance of their duties.
        (3) Chair.--Trustees shall select a chair from the membership 
    of the Board.
    (f) Liability of Trustees.--Appointed trustees shall not be 
considered Federal employees by virtue of their membership on the 
Board, except for purposes of the Federal Tort Claims Act, the Ethics 
in Government Act, and the provisions of chapter 11 of title 18, United 
States Code.
    (g) Meetings.--
        (1) Location and timing of meetings.--The Board shall meet in 
    sessions open to the public at least three times per year in New 
    Mexico. Upon a majority vote made in open session, and a public 
    statement of the reasons therefore, the Board may close any other 
    meetings to the public: Provided, That any final decision of the 
    Board to adopt or amend the comprehensive management program under 
    section 108(d) or to approve any activity related to the management 
    of the land or resources of the Preserve shall be made in open 
    public session.
        (2) Public information.--In addition to other requirements of 
    applicable law, the Board shall establish procedures for providing 
    appropriate public information and periodic opportunities for 
    public comment regarding the management of the Preserve.

SEC. 108. RESOURCE MANAGEMENT.

    (a) Assumption of Management.--The Trust shall assume all authority 
provided by this title to manage the Preserve upon a determination by 
the Secretary, which to the maximum extent practicable shall be made 
within 60 days after the appointment of the Board, that--
        (1) the Board is duly appointed, and able to conduct business; 
    and
        (2) provision has been made for essential management services.
    (b) Management Responsibilities.--Upon assumption of management of 
the Preserve under subsection (a), the Trust shall manage the land and 
resources of the Preserve and the use thereof including, but not 
limited to such activities as--
        (1) administration of the operations of the Preserve;
        (2) preservation and development of the land and resources of 
    the Preserve;
        (3) interpretation of the Preserve and its history for the 
    public;
        (4) management of public use and occupancy of the Preserve; and
        (5) maintenance, rehabilitation, repair, and improvement of 
    property within the Preserve.
    (c) Authorities.--
        (1) In general.--The Trust shall develop programs and 
    activities at the Preserve, and shall have the authority to 
    negotiate directly and enter into such agreements, leases, 
    contracts and other arrangements with any person, firm, 
    association, organization, corporation or governmental entity, 
    including without limitation, entities of Federal, State, and local 
    governments, and consultation with Indian tribes and Pueblos, as 
    are necessary and appropriate to carry out its authorized 
    activities or fulfill the purposes of this title. Any such 
    agreements may be entered into without regard to section 321 of the 
    Act of June 30, 1932 (40 U.S.C. 303b).
        (2) Procedures.--The Trust shall establish procedures for 
    entering into lease agreements and other agreements for the use and 
    occupancy of facilities of the Preserve. The procedures shall 
    ensure reasonable competition, and set guidelines for determining 
    reasonable fees, terms, and conditions for such agreements.
        (3) Limitations.--The Trust may not dispose of any real 
    property in, or convey any water rights appurtenant to the 
    Preserve. The Trust may not convey any easement, or enter into any 
    contract, lease, or other agreement related to use and occupancy of 
    property within the Preserve for a period greater than 10 years. 
    Any such easement, contract, lease, or other agreement shall 
    provide that, upon termination of the Trust, such easement, 
    contract, lease or agreement is terminated.
        (4) Application of procurement laws.--
            (A) In general.--Notwithstanding any other provision of 
        law, Federal laws and regulations governing procurement by 
        Federal agencies shall not apply to the Trust, with the 
        exception of laws and regulations related to Federal Government 
        contracts governing health and safety requirements, wage rates, 
        and civil rights.
            (B) Procedures.--The Trust, in consultation with the 
        Administrator of Federal Procurement Policy, Office of 
        Management and Budget, shall establish and adopt procedures 
        applicable to the Trust's procurement of goods and services, 
        including the award of contracts on the basis of contractor 
        qualifications, price, commercially reasonable buying 
        practices, and reasonable competition.
    (d) Management Program.--Within two years after assumption of 
management responsibilities for the Preserve, the Trust shall, in 
accordance with subsection (f), develop a comprehensive program for the 
management of lands, resources, and facilities within the Preserve to 
carry out the purposes under section 105(b). To the extent consistent 
with such purposes, such program shall provide for--
        (1) operation of the Preserve as a working ranch, consistent 
    with paragraphs (2) through (4);
        (2) the protection and preservation of the scientific, scenic, 
    geologic, watershed, fish, wildlife, historic, cultural and 
    recreational values of the Preserve;
        (3) multiple use and sustained yield of renewable resources 
    within the Preserve;
        (4) public use of and access to the Preserve for recreation;
        (5) renewable resource utilization and management alternatives 
    that, to the extent practicable--
            (A) benefit local communities and small businesses;
            (B) enhance coordination of management objectives with 
        those on surrounding National Forest System land; and
            (C) provide cost savings to the Trust through the exchange 
        of services, including but not limited to labor and maintenance 
        of facilities, for resources or services provided by the Trust; 
        and
        (6) optimizing the generation of income based on existing 
    market conditions, to the extent that it does not unreasonably 
    diminish the long-term scenic and natural values of the area, or 
    the multiple use and sustained yield capability of the land.
    (e) Public Use and Recreation.--
        (1) In general.--The Trust shall give thorough consideration to 
    the provision of appropriate opportunities for public use and 
    recreation that are consistent with the other purposes under 
    section 105(b). The Trust is expressly authorized to construct and 
    upgrade roads and bridges, and provide other facilities for 
    activities including, but not limited to camping and picnicking, 
    hiking, and cross country skiing. Roads, trails, bridges, and 
    recreational facilities constructed within the Preserve shall meet 
    public safety standards applicable to units of the National Forest 
    System and the State of New Mexico.
        (2) Fees.--Notwithstanding any other provision of law, the 
    Trust is authorized to assess reasonable fees for admission to, and 
    the use and occupancy of, the Preserve: Provided, That admission 
    fees and any fees assessed for recreational activities shall be 
    implemented only after public notice and a period of not less than 
    60 days for public comment.
        (3) Public access.--Upon the acquisition of the Baca ranch 
    under section 104(a), and after an interim planning period of no 
    more than two years, the public shall have reasonable access to the 
    Preserve for recreation purposes. The Secretary, prior to 
    assumption of management of the Preserve by the Trust, and the 
    Trust thereafter, may reasonably limit the number and types of 
    recreational admissions to the Preserve, or any part thereof, based 
    on the capability of the land, resources, and facilities. The use 
    of reservation or lottery systems is expressly authorized to 
    implement this paragraph.
    (f) Applicable Laws.--
        (1) In general.--The Trust, and the Secretary in accordance 
    with section 109(b), shall administer the Preserve in conformity 
    with this title and all laws pertaining to the National Forest 
    System, except the Forest and Rangeland Renewable Resources 
    Planning Act of 1974, as amended (16 U.S.C. 1600 et seq.).
        (2) Environmental laws.--The Trust shall be deemed a Federal 
    agency for the purposes of compliance with Federal environmental 
    laws.
        (3) Criminal laws.--All criminal laws relating to Federal 
    property shall apply to the same extent as on adjacent units of the 
    National Forest System.
        (4) Reports on applicable rules and regulations.--The Trust may 
    submit to the Secretary and the Committees of Congress a 
    compilation of applicable rules and regulations which in the view 
    of the Trust are inappropriate, incompatible with this title, or 
    unduly burdensome.
        (5) Consultation with tribes and pueblos.--The Trust is 
    authorized and directed to cooperate and consult with Indian tribes 
    and Pueblos on management policies and practices for the Preserve 
    which may affect them. The Trust is authorized to allow the use of 
    lands within the Preserve for religious and cultural uses by Native 
    Americans and, in so doing, may set aside places and times of 
    exclusive use consistent with the American Indian Religious Freedom 
    Act (42 U.S.C. 1996 (note)) and other applicable statutes.
        (6) No administrative appeal.--The administrative appeals 
    regulations of the Secretary shall not apply to activities of the 
    Trust and decisions of the Board.
    (g) Law Enforcement and Fire Management.--The Secretary shall 
provide law enforcement services under a cooperative agreement with the 
Trust to the extent generally authorized in other units of the National 
Forest System. The Trust shall be deemed a Federal agency for purposes 
of the law enforcement authorities of the Secretary (within the meaning 
of section 15008 of the National Forest System Drug Control Act of 1986 
(16 U.S.C. 559g)). At the request of the Trust, the Secretary may 
provide fire presuppression, fire suppression, and rehabilitation 
services: Provided, That the Trust shall reimburse the Secretary for 
salaries and expenses of fire management personnel, commensurate with 
services provided.

SEC. 109. AUTHORITIES OF THE SECRETARY.

    (a) In General.--Notwithstanding the assumption of management of 
the Preserve by the Trust, the Secretary is authorized to--
        (1) issue any rights-of-way, as defined in the Federal Land 
    Policy and Management Act of 1976, of over 10 years duration, in 
    cooperation with the Trust, including, but not limited to, road and 
    utility rights-of-way, and communication sites;
        (2) issue orders under and enforce prohibitions generally 
    applicable on other units of the National Forest System, in 
    cooperation with the Trust;
        (3) exercise the authorities of the Secretary under the Wild 
    and Scenic Rivers Act (16 U.S.C. 1278, et seq.) and the Federal 
    Power Act (16 U.S.C. 797, et seq.), in cooperation with the Trust;
        (4) acquire the mineral rights referred to in section 104(e);
        (5) provide law enforcement and fire management services under 
    section 108(g);
        (6) at the request of the Trust, exchange land or interests in 
    land within the Preserve under laws generally applicable to other 
    units of the National Forest System, or otherwise dispose of land 
    or interests in land within the Preserve under Public Law 97-465 
    (16 U.S.C. 521c through 521i);
        (7) in consultation with the Trust, refer civil and criminal 
    cases pertaining to the Preserve to the Department of Justice for 
    prosecution;
        (8) retain title to and control over fossils and archaeological 
    artifacts found within the Preserve;
        (9) at the request of the Trust, construct and operate a 
    visitors' center in or near the Preserve, subject to the 
    availability of appropriated funds;
        (10) conduct the assessment of the Trust's performance, and, if 
    the Secretary determines it necessary, recommend to Congress the 
    termination of the Trust, under section 110(b)(2); and
        (11) conduct such other activities for which express 
    authorization is provided to the Secretary by this title.
    (b) Interim Management.--
        (1) In general.--The Secretary shall manage the Preserve in 
    accordance with this title during the interim period from the date 
    of acquisition of the Baca ranch under section 104(a) to the date 
    of assumption of management of the Preserve by the Trust under 
    section 108. The Secretary may enter into any agreement, lease, 
    contract, or other arrangement on the same basis as the Trust under 
    section 108(c)(1): Provided, That any agreement, lease, contract, 
    or other arrangement entered into by the Secretary shall not exceed 
    two years in duration unless expressly extended by the Trust upon 
    its assumption of management of the Preserve.
        (2) Use of the fund.--All monies received by the Secretary from 
    the management of the Preserve during the interim period under 
    paragraph (1) shall be deposited into the ``Valles Caldera Fund'' 
    established under section 106(h)(2), and such monies in the fund 
    shall be available to the Secretary, without further appropriation, 
    for the purpose of managing the Preserve in accordance with the 
    responsibilities and authorities provided to the Trust under 
    section 108.
    (c) Secretarial Authority.--The Secretary retains the authority to 
suspend any decision of the Board with respect to the management of the 
Preserve if he finds that the decision is clearly inconsistent with 
this title. Such authority shall only be exercised personally by the 
Secretary, and may not be delegated. Any exercise of this authority 
shall be in writing to the Board, and notification of the decision 
shall be given to the Committees of Congress. Any suspended decision 
shall be referred back to the Board for reconsideration.
    (d) Access.--The Secretary shall at all times have access to the 
Preserve for administrative purposes.

SEC. 110. TERMINATION OF THE TRUST.

    (a) In General.--The Valles Caldera Trust shall terminate at the 
end of the twentieth full fiscal year following acquisition of the Baca 
ranch under section 104(a).
    (b) Recommendations.--
        (1) Board.--
            (A) If after the fourteenth full fiscal years from the date 
        of acquisition of the Baca ranch under section 104(a), the 
        Board believes the Trust has met the goals and objectives of 
        the comprehensive management program under section 108(d), but 
        has not become financially self-sustaining, the Board may 
        submit to the Committees of Congress, a recommendation for 
        authorization of appropriations beyond that provided under this 
        title.
            (B) During the eighteenth full fiscal year from the date of 
        acquisition of the Baca ranch under section 104(a), the Board 
        shall submit to the Secretary its recommendation that the Trust 
        be either extended or terminated including the reasons for such 
        recommendation.
        (2) Secretary.--Within 120 days after receipt of the 
    recommendation of the Board under paragraph (1)(B), the Secretary 
    shall submit to the Committees of Congress the Board's 
    recommendation on extension or termination along with the 
    recommendation of the Secretary with respect to the same and 
    stating the reasons for such recommendation.
    (c) Effect of Termination.--In the event of termination of the 
Trust, the Secretary shall assume all management and administrative 
functions over the Preserve, and it shall thereafter be managed as a 
part of the Santa Fe National Forest, subject to all laws applicable to 
the National Forest System.
    (d) Assets.--In the event of termination of the Trust, all assets 
of the Trust shall be used to satisfy any outstanding liabilities, and 
any funds remaining shall be transferred to the Secretary for use, 
without further appropriation, for the management of the Preserve.
    (e) Valles Caldera Fund.--In the event of termination, the 
Secretary shall assume the powers of the Trust over funds under section 
106(h), and the Valles Caldera Fund shall not terminate. Any balances 
remaining in the fund shall be available to the Secretary, without 
further appropriation, for any purpose consistent with the purposes of 
this title.

SEC. 111. LIMITATIONS ON FUNDING.

    (a) Authorization of Appropriations.--There is hereby authorized to 
be appropriated to the Secretary and the Trust such funds as are 
necessary for them to carry out the purposes of this title for each of 
the 15 full fiscal years after the date of acquisition of the Baca 
ranch under section 104(a).
    (b) Schedule of Appropriations.--Within two years after the first 
meeting of the Board, the Trust shall submit to Congress a plan which 
includes a schedule of annual decreasing appropriated funds that will 
achieve, at a minimum, the financially self-sustained operation of the 
Trust within 15 full fiscal years after the date of acquisition of the 
Baca ranch under section 104(a).

SEC. 112. GENERAL ACCOUNTING OFFICE STUDY.

    (a) Initial Study.--Three years after the assumption of management 
by the Trust, the General Accounting Office shall conduct an interim 
study of the activities of the Trust and shall report the results of 
the study to the Committees of Congress. The study shall include, but 
shall not be limited to, details of programs and activities operated by 
the Trust and whether it met its obligations under this title.
    (b) Second Study.--Seven years after the assumption of management 
by the Trust, the General Accounting Office shall conduct a study of 
the activities of the Trust and shall report the results of the study 
to the Committees of Congress. The study shall provide an assessment of 
any failure to meet obligations that may be identified under subsection 
(a), and further evaluation on the ability of the Trust to meet its 
obligations under this title.

            TITLE II--FEDERAL LAND TRANSACTION FACILITATION

SEC. 201. SHORT TITLE.

    This title may be cited as the ``Federal Land Transaction 
Facilitation Act''.

SEC. 202. FINDINGS.

    Congress finds that--
        (1) the Bureau of Land Management has authority under the 
    Federal Land Policy and Management Act of 1976 (43 U.S.C. 1701 et 
    seq.) to sell land identified for disposal under its land use 
    planning;
        (2) the Bureau of Land Management has authority under that Act 
    to exchange Federal land for non-Federal land if the exchange would 
    be in the public interest;
        (3) through land use planning under that Act, the Bureau of 
    Land Management has identified certain tracts of public land for 
    disposal;
        (4) the Federal land management agencies of the Departments of 
    the Interior and Agriculture have authority under existing law to 
    acquire land consistent with the mission of each agency;
        (5) the sale or exchange of land identified for disposal and 
    the acquisition of certain non-Federal land from willing landowners 
    would--
            (A) allow for the reconfiguration of land ownership 
        patterns to better facilitate resource management;
            (B) contribute to administrative efficiency within Federal 
        land management units; and
            (C) allow for increased effectiveness of the allocation of 
        fiscal and human resources within the Federal land management 
        agencies;
        (6) a more expeditious process for disposal and acquisition of 
    land, established to facilitate a more effective configuration of 
    land ownership patterns, would benefit the public interest;
        (7) many private individuals own land within the boundaries of 
    Federal land management units and desire to sell the land to the 
    Federal Government;
        (8) such land lies within national parks, national monuments, 
    national wildlife refuges, national forests, and other areas 
    designated for special management;
        (9) Federal land management agencies are facing increased 
    workloads from rapidly growing public demand for the use of public 
    land, making it difficult for Federal managers to address problems 
    created by the existence of inholdings in many areas;
        (10) in many cases, inholders and the Federal Government would 
    mutually benefit from Federal acquisition of the land on a priority 
    basis;
        (11) proceeds generated from the disposal of public land may be 
    properly dedicated to the acquisition of inholdings and other land 
    that will improve the resource management ability of the Federal 
    land management agencies and adjoining landowners;
        (12) using proceeds generated from the disposal of public land 
    to purchase inholdings and other such land from willing sellers 
    would enhance the ability of the Federal land management agencies 
    to--
            (A) work cooperatively with private landowners and State 
        and local governments; and
            (B) promote consolidation of the ownership of public and 
        private land in a manner that would allow for better overall 
        resource management;
        (13) in certain locations, the sale of public land that has 
    been identified for disposal is the best way for the public to 
    receive fair market value for the land; and
        (14) to allow for the least disruption of existing land and 
    resource management programs, the Bureau of Land Management may use 
    non-Federal entities to prepare appraisal documents for agency 
    review and approval consistent with applicable provisions of the 
    Uniform Standards for Federal Land Acquisition.

SEC. 203. DEFINITIONS.

    In this title:
        (1) Exceptional resource.--The term ``exceptional resource'' 
    means a resource of scientific, natural, historic, cultural, or 
    recreational value that has been documented by a Federal, State, or 
    local governmental authority, and for which there is a compelling 
    need for conservation and protection under the jurisdiction of a 
    Federal agency in order to maintain the resource for the benefit of 
    the public.
        (2) Federally designated area.--The term ``federally designated 
    area'' means land in Alaska and the eleven contiguous Western 
    States (as defined in section 103(o) of the Federal Land Policy and 
    Management Act of 1976 (43 U.S.C. 1702(o))) that on the date of 
    enactment of this Act was within the boundary of--
            (A) a national monument, area of critical environmental 
        concern, national conservation area, national riparian 
        conservation area, national recreation area, national scenic 
        area, research natural area, national outstanding natural area, 
        or a national natural landmark managed by the Bureau of Land 
        Management;
            (B) a unit of the National Park System;
            (C) a unit of the National Wildlife Refuge System;
            (D) an area of the National Forest System designated for 
        special management by an Act of Congress; or
            (E) an area within which the Secretary or the Secretary of 
        Agriculture is otherwise authorized by law to acquire lands or 
        interests therein that is designated as--
                (i) wilderness under the Wilderness Act (16 U.S.C. 1131 
            et seq.);
                (ii) a wilderness study area;
                (iii) a component of the Wild and Scenic Rivers System 
            under the Wild and Scenic Rivers Act (16 U.S.C. 1271 et 
            seq.); or
                (iv) a component of the National Trails System under 
            the National Trails System Act (16 U.S.C. 1241 et seq.).
        (3) Inholding.--The term ``inholding'' means any right, title, 
    or interest, held by a non-Federal entity, in or to a tract of land 
    that lies within the boundary of a federally designated area.
        (4) Public land.--The term ``public land'' means public lands 
    (as defined in section 103 of the Federal Land Policy and 
    Management Act of 1976 (43 U.S.C. 1702)).
        (5) Secretary.--The term ``Secretary'' means the Secretary of 
    the Interior.

SEC. 204. IDENTIFICATION OF INHOLDINGS.

    (a) In General.--The Secretary and the Secretary of Agriculture 
shall establish a procedure to--
        (1) identify, by State, inholdings for which the landowner has 
    indicated a desire to sell the land or interest therein to the 
    United States; and
        (2) prioritize the acquisition of inholdings in accordance with 
    section 206(c)(3).
    (b) Public Notice.--As soon as practicable after the date of 
enactment of this title and periodically thereafter, the Secretary and 
the Secretary of Agriculture shall provide public notice of the 
procedures referred to in subsection (a), including any information 
necessary for the consideration of an inholding under section 206. Such 
notice shall include publication in the Federal Register and by such 
other means as the Secretary and the Secretary of Agriculture determine 
to be appropriate.
    (c) Identification.--An inholding--
        (1) shall be considered for identification under this section 
    only if the Secretary or the Secretary of Agriculture receive 
    notification of a desire to sell from the landowner in response to 
    public notice given under subsection (b); and
        (2) shall be deemed to have been established as of the later 
    of--
            (A) the earlier of--
                (i) the date on which the land was withdrawn from the 
            public domain; or
                (ii) the date on which the land was established or 
            designated for special management; or
            (B) the date on which the inholding was acquired by the 
        current owner.
    (d) No Obligation To Convey or Acquire.--The identification of an 
inholding under this section creates no obligation on the part of a 
landowner to convey the inholding or any obligation on the part of the 
United States to acquire the inholding.

SEC. 205. DISPOSAL OF PUBLIC LAND.

    (a) In General.--The Secretary shall establish a program, using 
funds made available under section 206, to complete appraisals and 
satisfy other legal requirements for the sale or exchange of public 
land identified for disposal under approved land use plans (as in 
effect on the date of enactment of this Act) under section 202 of the 
Federal Land Policy and Management Act of 1976 (43 U.S.C. 1712).
    (b) Sale of Public Land.--
        (1) In general.--The sale of public land so identified shall be 
    conducted in accordance with sections 203 and 209 of the Federal 
    Land Policy and Management Act of 1976 (43 U.S.C. 1713, 1719).
        (2) Exceptions to competitive bidding requirements.--The 
    exceptions to competitive bidding requirements under section 203(f) 
    of the Federal Land Policy and Management Act of 1976 (43 U.S.C. 
    1713(f)) shall apply to this section in cases in which the 
    Secretary determines it to be necessary.
    (c) Report in Public Land Statistics.--The Secretary shall provide 
in the annual publication of Public Land Statistics, a report of 
activities under this section.
    (d) Termination of Authority.--The authority provided under this 
section shall terminate 10 years after the date of enactment of this 
Act.

SEC. 206. FEDERAL LAND DISPOSAL ACCOUNT.

    (a) Deposit of Proceeds.--Notwithstanding any other law (except a 
law that specifically provides for a proportion of the proceeds to be 
distributed to any trust funds of any States), the gross proceeds of 
the sale or exchange of public land under this Act shall be deposited 
in a separate account in the Treasury of the United States to be known 
as the ``Federal Land Disposal Account''.
    (b) Availability.--Amounts in the Federal Land Disposal Account 
shall be available to the Secretary and the Secretary of Agriculture, 
without further Act of appropriation, to carry out this title.
    (c) Use of the Federal Land Disposal Account.--
        (1) In general.--Funds in the Federal Land Disposal Account 
    shall be expended in accordance with this subsection.
        (2) Fund allocation.--
            (A) Purchase of land.--Except as authorized under 
        subparagraph (C), funds shall be used to purchase lands or 
        interests therein that are otherwise authorized by law to be 
        acquired, and that are--
                (i) inholdings; and
                (ii) adjacent to federally designated areas and contain 
            exceptional resources.
            (B) Inholdings.--Not less than 80 percent of the funds 
        allocated for the purchase of land within each State shall be 
        used to acquire inholdings identified under section 204.
            (C) Administrative and other expenses.--An amount not to 
        exceed 20 percent of the funds deposited in the Federal Land 
        Disposal Account may be used by the Secretary for 
        administrative and other expenses necessary to carry out the 
        land disposal program under section 205.
            (D) Same state purchases.--Of the amounts not used under 
        subparagraph (C), not less than 80 percent shall be expended 
        within the State in which the funds were generated. Any 
        remaining funds may be expended in any other State.
        (3) Priority.--The Secretary and the Secretary of Agriculture 
    shall develop a procedure for prioritizing the acquisition of 
    inholdings and non-Federal lands with exceptional resources as 
    provided in paragraph (2). Such procedure shall consider--
            (A) the date the inholding was established (as provided in 
        section 204(c));
            (B) the extent to which acquisition of the land or interest 
        therein will facilitate management efficiency; and
            (C) such other criteria as the Secretary and the Secretary 
        of Agriculture deem appropriate.
        (4) Basis of sale.--Any land acquired under this section shall 
    be--
            (A) from a willing seller;
            (B) contingent on the conveyance of title acceptable to the 
        Secretary, or the Secretary of Agriculture in the case of an 
        acquisition of National Forest System land, using title 
        standards of the Attorney General;
            (C) at a price not to exceed fair market value consistent 
        with applicable provisions of the Uniform Appraisal Standards 
        for Federal Land Acquisitions; and
            (D) managed as part of the unit within which it is 
        contained.
    (d) Contaminated Sites and Sites Difficult and Uneconomic To 
Manage.--Funds in the Federal Land Disposal Account shall not be used 
to purchase land or an interest in land that, as determined by the 
Secretary or the Secretary of Agriculture--
        (1) contains a hazardous substance or is otherwise 
    contaminated; or
        (2) because of the location or other characteristics of the 
    land, would be difficult or uneconomic to manage as Federal land.
    (e) Land and Water Conservation Fund Act.--Funds made available 
under this section shall be supplemental to any funds appropriated 
under the Land and Water Conservation Fund Act (16 U.S.C. 460l-4 et 
seq.).
    (f) Termination.--On termination of activities under section 205--
        (1) the Federal Land Disposal Account shall be terminated; and
        (2) any remaining balance in the account shall become available 
    for appropriation under section 3 of the Land and Water 
    Conservation Fund Act (16 U.S.C. 460l-6).

SEC. 207. SPECIAL PROVISIONS.

    (a) In General.--Nothing in this title provides an exemption from 
any limitation on the acquisition of land or interest in land under any 
Federal law in effect on the date of enactment of this Act.
    (b) Other Law.--This title shall not apply to land eligible for 
sale under--
        (1) Public Law 96-568 (commonly known as the ``Santini-Burton 
    Act'') (94 Stat. 3381); or
        (2) the Southern Nevada Public Land Management Act of 1998 (112 
    Stat. 2343).
    (c) Exchanges.--Nothing in this title precludes, preempts, or 
limits the authority to exchange land under authorities providing for 
the exchange of Federal lands, including but not limited to--
        (1) the Federal Land Policy and Management Act of 1976 (43 
    U.S.C. 1701 et seq.); or
        (2) the Federal Land Exchange Facilitation Act of 1988 (102 
    Stat. 1086) or the amendments made by that Act.
    (d) No New Right or Benefit.--Nothing in this Act creates a right 
or benefit, substantive or procedural, enforceable at law or in equity 
by a party against the United States, its agencies, its officers, or 
any other person.

                               Speaker of the House of Representatives.

                            Vice President of the United States and    
                                               President of the Senate.